Why choose us?
Check against a global list of 1.7+ million Politically Exposed Persons.
Evaluate risk thoroughly with relevant and up-to-date data.
Enhance operational efficiency and protect your company funds.
- Heads of state.
- Parliament/cabinet members.
- Legislative assembly & state government members.
- Senior members of judiciary, military & banking systems.
- Top-ranked political party members.
- Members of legislative assemblies at regional levels.
- Judges, magistrates, prosecutors, and attorneys.
- Senior members of international organizations.
- Mayors of global cities.
- Heads & advisors of judicial, military and financial bodies.
- Senior civil servants at regional levels.
- Heads of international NGOs.
- Medium-level diplomats, Mayors of smaller cities.
PEPs by association
- Family members, close personal & business associates of PEPs.
- Business partners that share beneficial ownership of entities with PEPs.
More on PEPs?
A PEP (Politically Exposed Person) is someone entrusted with a prominent political position or a high-profile public function. Their position increases their susceptibility to financial fraud, bribes and corruption, increasing their financial risk profiles.
Most AML (Anti-Money Laundering) regulations include comprehensive requirements for PEP screening, which makes it beneficial for financial institutions to apply enhanced due diligence measures while dealing with PEPs.
PEPs are generally classified according to their risk values, and the FATF (Financial Action Task Force) classifies them as,
Latest Screening/AML updates
An award-winning team
uqudo is proud to be recognised by some of the world’s most distinguished organisations.
What does your Screening process involve?
uqudo’s screening process involves running background checks by checking global lists for high-risk entities. In regulated industries, there is a requirement to ensure the individuals you are dealing with aren’t sanctioned to mitigate business risk.
- Anti Money Laundering (AML) is a set of policies, procedures, and technologies that prevents money laundering. Money laundering involves the execution of transactions to eventually convert illegally obtained money into legal money.
- A Politically Exposed Person (PEP) check, also known as PEP sanction screening, involves searching official politically exposed people lists to see if a prospective or current customer is on that list during client identification or transaction screening processes.
- Sanctions checks (sometimes known as watchlist checks) are specialised searches that include several international, government, or regulator sanctions databases that identify individuals prohibited from certain activities or industries.
How do you do AML/PEP’s/Sanctions screening?
Our Screening lists include the following:
- Monitored Lists: 900+ monitored lists that include international sanctions, money laundering and other global lists.
- PEPs (Politically Exposed Person) lists: PEP list check against 1.7+ million high-risk individuals.
- Adverse Media Screening: Screening against 3 billion media articles.
We can screen and monitor in real-time, on an ongoing basis.
What is AML?
AML (Anti-Money Laundering) refers to the rules and regulations that combat money laundering and terrorist financing. AML screening helps detect and identify these suspicious activities.
What are monitored lists?
Monitored lists use data from numerous sources to evaluate a customer’s risk profile. Some examples of monitored lists include
- International sanction lists (FATF, OFAC, UNSC)
- Regional sanction lists (MENAFATF, EU, GIABA, ESAAMLG)
- Money laundering
- Terrorist financing
- Drug trafficking
- Narcotics trafficking
- Human rights violations
- International treaties violations
What is PEP screening?
PEPs (Politically Exposed Persons) are those individuals holding a prominent public position, which increases their susceptibility to fraud. PEP screening involves identifying PEPs and evaluating their risk profiles.
Our PEP screening involves evaluation against 4 PEPs risk levels, which are:
- High-risk PEPs
- Medium-risk PEPs
- Low-risk PEPs
- PEPs by association
Why is watchlist screening important?
A global watchlist screening helps companies identify suspicious money launderers and individuals associated with financial crimes. Along with this, screening helps firms comply with their region’s AML/CFT regulations.
Are uqudo’s Screening lists regularly updated?
Yes, our database undergoes real-time updates, so our Ongoing AML can easily track changes in a customer’s risk profile.
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